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You play for twenty minutes and you`re up to $75k. It`s a beautiful dream. The guys are so dumb that you can even see their cards sometimes because they hold them out so far from their chests. You are in a hand against one opponent with the same stack as you. You hold A-A. The flop comes A-5-6. You put in a big bet and he calls. The turn is a J. You put in another big bet. Your opponent moves all-in and now the whole $75,000 in on the line. You know you`re in front. You know you have the best hand right now. You then see that your opponent holds 7-8. He needs a 4 or a 9 to win. He has 8 outs, which will come 18% of the time. What do you do? What do you do?
Most poker players would call here, even though a loss would mean they lose every cent they have. Because they have the best of it, and when you have the best of it by that margin it isn`t gambling. But what is it? The wife in our little story would definitely think it was gambling, especially if you lost.
Could you walk away from that situation? I know that I couldn`t, and that`s why I try not to put up $75k in no-limit cash games. Should you walk away? That`s a much harder question to answer.
Now I want you to imagine that there were no cards involved. You sat down at a table with $75,000 and a man offered to double it if you played Russian roulette once. Your odds of shooting yourself are similar to losing to the suck-out straight draw. You will lose the bet 1 in 6 times and win it the other 5, but you`re being paid out at 1 to 1. This is still poker. Those who think that poker is a card game are welcome to play poker against me any time. Those are great pot odds offered by the Russian Roulette dude. The implicit pot odds (that you will die if you lose) will, however, be immediately grasped by non-poker players and non-gamblers alike.s
The popularity of online gambling is increasing rapidly and this year has seen significant growth in Europe, Asia and South America. In China and Malaysia, there are twice as many online gamers as there are Internet shoppers. China is predicted to overtake South Korea in 2008 and become the largest online gaming market in Asia-Pacific region.
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I wonder if men like Doyle Brunson or Ted Forrest, true gamblers who also happen to be poker players, would take this bet? I`d also like to film it as a reality TV series and make a fortune in the process. We could call it "Shoot Yourself For $1 Million" and get Howie Mandel to host.
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